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Mismanagement and uneven distribution of water\udmay lead to or increase conflict among countries. Allocation of water among\udtrans-boundary river neighbours is a key issue in utilization of shared\udwater resources. The bankruptcy theory is a cooperative Game Theory method\udwhich is used when the amount of demand of riparian states is larger than\udtotal available water. In this study, we survey the application of seven\udmethods of Classical Bankruptcy Rules (CBRs) including Proportional\ud(CBR-PRO), Adjusted Proportional (CBR-AP), Constrained Equal Awards\ud(CBR-CEA), Constrained Equal Losses (CBR-CEL), Piniles (CBR-Piniles),\udMinimal Overlap (CBR-MO), Talmud (CBR-Talmud) and four Sequential Sharing\udRules (SSRs) including Proportional (SSR-PRO), Constrained Equal Awards\ud(SSR-CEA), Constrained Equal Losses (SSR-CEL) and Talmud (SSR-Talmud)\udmethods in allocation of the Euphrates River among three riparian countries:\udTurkey, Syria and Iraq. However, there is not a certain documented method to\udfind more equitable allocation rule. Therefore, in this paper, a new method\udis established for choosing the most appropriate allocating rule which seems\udto be more equitable than other allocation rules to satisfy the\udstakeholders. The results reveal that, based on the new propose model, the\udCBR-AP seems to be more equitable to allocate the Euphrates River water\udamong Turkey, Syria and Iraq

Developing new scenarios for water allocation negotiations: a case study ofthe Euphrates River Basin